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Property profile & analytics
OFF-MARKET
Estimated value
$19,795,000
Flex space
175 Walnut St Red Lion, PA 17356-2523
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2241737
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1998
Total area
273,302 SF
Lot
25 ac (1,089,000 SF)
Zoning code
ID
APN
53-000-GK-0152.00-00000
UPID
US73-2241737
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rand-Whitney Mid-Atlantic Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.54M
Comparable Approach
Comparable
$19.15M
Blend (final)
Blend
$19.80M
Owner & transaction history
East Walnut Street LLC · 7 yrs held
East Walnut Street LLC
since 2019
3 recorded transactions
Zoning & alternative use
ID · Red Lion, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$32.5M
+119.8%
Medical building
$30.1M
+103.2%
Auto repair, garage
$28.0M
+89.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Red Lion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Lion submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,580,000
6.5%
$24,535,000
7%
$22,780,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,800,000
Current use
RESTAURANT
$32,535,000
Change: +120% · Conversion: Difficult
MEDICAL BUILDING
$30,065,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$28,000,000
Change: +89% · Conversion: Easy
WAREHOUSE, STORAGE
$24,440,000
Change: +65% · Conversion: Easy
COMMERCIAL (GENERAL)
$22,925,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$22,270,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$20,870,000
Change: +41% · Conversion: Moderate
Blend value · Realmo final
$19.80M
Range $17.82M – $21.77M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$208,863
Tax year 2024
Assessed value
$6,955,340
Assessed 2024
Previous assessed
$6,955,340
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$449,480
Assessed improvement
$6,505,860
Land market value
$449,480
Improvement market value
$6,505,860
Total market value
$6,955,340
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1998
Heating
YES
Cooling
CENTRAL
Total area
273,302 SF
Lot
25 ac (1,089,000 SF)
Zoning code
ID
APN
53-000-GK-0152.00-00000
UPID
US73-2241737
Jurisdiction
YORK
Zoning & alternative use
ID · Red Lion, PA
Zoning ID · permitted uses
ID · Red Lion, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Red Lion. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$14.8M
RESTAURANT
Est. value
$32.5M
MEDICAL BUILDING
Est. value
$30.1M
AUTO REPAIR, GARAGE
Est. value
$28.0M
WAREHOUSE, STORAGE
Est. value
$24.4M
COMMERCIAL (GENERAL)
Est. value
$22.9M
OFFICE BUILDING
Est. value
$22.3M
RETAIL STORES
Est. value
$20.9M
INDUSTRIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Lot
25 ac
Current owner
From public records · entity-resolved
East Walnut Street LLC
Entity
Mailing address
1 AGRAND ST, WORCESTER, MA 01607-1603
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
—
Orlando E Rivera
—
Deed
related
$8,699 · Pennsylvania Housing Finance Agency
Jul 16, 2019
$10,900,000
East Walnut Street LLC
Pyxos Properties Limited Partnershi
Deed
$10,800,000 · Santander Bank NA
Feb 9, 2009
$6,343,154
Pyxos Properties
York County Indl Dev Auth
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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